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Tag: tax rates

Below are all of the tax rates, along side their respective income levels. I found the data at Money Chimp, so you can review it for yourself. Remember, all these tax rates are on NET, not GROSS income. For those that do not know the difference, Gross is what you earn and Net is what you actually bring home, after all deductions.

Republicans should be totally ashamed of themselves. In the states where Republicans rule, the order of the day is attack public workers and cut funding for birth control or let’s all carry guns and hate gays.

In Congress, the order is let’s not deal with the President on the debt ceiling (or anything else for that matter). They’ve learned that a failing Congress usually gets Republicans elected. If they “do nothing”, they can blame President Obama. Except this time, they’re wrong. Failing to act can mean that the US will default on its loans. This not only ruins our economy, but it can take down the rest of the world. Think about it, Europe is panicking because Greece might default and Greece is only worth 2% of the European economy. Can you imagine what would happen in the world if the US defaults?

Worse than that, President Obama has handed the Republicans nearly everything they want – including major cuts to Social Security and Medicare – and they want to take their football and go home. They are playing politics with our futures and the futures of our children and they’re turning their backs on $3 trillion dollars in spending cuts. $3 trillion. And, all because they want to protect the richest people in the nation. You know, the ones that have summer homes and take expensive vacations, while the rest of us are struggling to pay our mortgages. The ones who can afford to take Paul Ryan out for dinner and order two bottles of $350.00 wine, while complaining that liberals don’t like rich people.

Even Warren Buffet thinks the rich don’t pay enough in taxes. I’d like to take this opportunity to point out that the rich and wealthy are paying the lowest amount in Federal income taxes since the 1950’s and, yet, they aren’t hiring. Imagine that. The real problem in this country are companies that make huge profits and do not hire anyone, along with the ones that close American plants and open ones overseas.

Meanwhile, Republicans are attacking Planned Parenthood – God forbid a woman is able to buy birth control at a low price – and Presidential Candidates are signing pledges against individual rights. Lincoln freed the slaves, but he would never get elected now if he supported marriage equality. Roosevelt supported the protection of our national parks and resources, but Republicans would kick him out of the party. Nixon supported clean air and water and created the EPA, but these Republicans of today consider it a hindrance to make sure we have clean air to breathe and good water to drink. Even Reagan raised taxes – twice – but the Republicans of today have rich donors to their campaigns to support.

Republicans have a long and proud history of doing good in this nation, but this modern breed of them are a huge disgrace to the Republican past.

What happened to the Republican Party that supported individual rights? Where did the reasonable Republicans go? They certainly aren’t here.